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finding liquidity and profitability for a company Wildhorse Company Balance Sheets December 31 Assets 2022 2021 C $ 114800 $ 106,600 Debt investments short term

finding liquidity and profitability for a company
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Wildhorse Company Balance Sheets December 31 Assets 2022 2021 C $ 114800 $ 106,600 Debt investments short term 90.200 65.600 Accounts receivable net 170.560 147,600 Inventory 377.200 270,600 Prepaid expenses 41.000 37.720 213.200 213.200 Land Building and equipment (net) 426,400 303,400 Total assets 51.433,360 5 1.144.720 Liabilities and Stockholders' Equity Notas payable current $278.800 $196,800 Accounts payable 106.600 85.280 Accrued liabilities 65.600 65.600 Bonds payable, due 2025 450.000 278.800 Common stock $10 par 328,000 328,000 244 360 190.240 Retained earnings Total liabilities and stockholders' equity 51.433360 $ 1.144.720 Wildhorse Company Income Statement For the Years Ended December 31 2022 2021 Net Sales 5 1446,480 $1.295.600 Cost of goods sold 1049.600 943.000 Gross profit 396,880 352.600 Operating expenses 311800 273.880 Net Income $ 85.280 $78,720 Additional information 1 Inventory at the beginning of 2021 was S 188.800 Additional Information: 1. 2 3. Inventory at the beginning of 2021 was $ 188,600 Accounts receivable (net) at the beginning of 2021 were $ 141,040 Total assets at the beginning of 2021 were $ 1.082,400. No common stock transactions occurred during 2021 or 2022 All sales were on credit 4. 5. (a) Indicate by using ratios, the change in liquidity and profitability of Wildhorse Company from 2021 to 2022. Round Current ratio, Asset turnover and Earnings per Share to 2 decimal places, eg 165 and all other answers to 1 decimal por 6.3 6.8%) 2021 2022 LIQUIDITY Current ratio 1 1 Accounts receivable turnover times times Inventory tumover times times PROFITABILITY Profit margin Asset turnover times times Return on assets Earnings per share Save for Attempts of used SA (b) The parts of this question be completed in order this part will be able when you complete the parabow

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